26Title 26The US tax code, read & explained

26 U.S.C. § 6602

§ 6602. Interest on erroneous refund recoverable by suit

62 words · amended 2 times · cited by 2 other sections

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No plain-English explainer yet. Below is the official text. Explainers are being added section by section.

History

Part of the code since 1954. Last changed October 22, 1986 by the Tax Reform Act of 1986.

Every change, newest first (3)
  1. October 22, 1986Tax Reform Act of 1986
  2. January 3, 1975Public Law 93-625
  3. August 16, 1954Internal Revenue Code of 1954 (original text)

The law as written

Current through Public Law 119-102. Amendment notes omitted.

Any portion of an internal revenue tax (or any interest, assessable penalty, additional amount, or addition to tax) which has been erroneously refunded, and which is recoverable by suit pursuant to section 7405, shall bear interest at the underpayment rate established under section 6621 from the date of the payment of the refund.